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Property profile & analytics
FOR LEASE
Office buildings
1110 5Th St NE Marysville, WA 98270
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US90-1086626
No photos on file
For Lease
$2,600/Mo
1110 5Th St NE, Marysville, WA 98270
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1971
Construction
WOOD
Total area
3,822 SF
Lot
0.14 ac (6,098 SF)
Zoning code
DC
APN
576200901200
UPID
US90-1086626
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Marysville's Hidden Gem Barber Shop Barber Shop
-
Japan Massage Alternative Medicine Practice Spa & Massage Center
-
Andrene's Salon Hair Salon Nail Salon
-
Kynda's Creatiff Hair Design Hair Salon Nail Salon
-
Insurance Services Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.05M
CAP Approach
CAP
$1.12M
Comparable Approach
Comparable
$1.09M
Blend (final)
Blend
$1.09M
Owner & transaction history
Pacific Coast Properties LLC · 5 yrs held
Pacific Coast Properties LLC
since 2021
Last sale
$770,000
7 recorded transactions
Zoning & alternative use
DC · Marysville, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.6M
+15.2%
Medical building
$1.5M
+10.1%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Marysville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Marysville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,065,000
ML approach
$1,050,000
CAP Approach
CAP Return
Estimation
6%
$1,210,000
6.5%
$1,115,000
7%
$1,035,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,355,000
Current use
AUTO REPAIR, GARAGE
$1,560,000
Change: +15% · Conversion: Difficult
MEDICAL BUILDING
$1,490,000
Change: +10% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,160,000
Change: -15% · Conversion: Easy
WAREHOUSE, STORAGE
$1,105,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$1.09M
Range $977k – $1.19M · ±10% · vs last sale $770k (May 5 2021)
Last sale anchor
$770k
May 5 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$284 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$4,596
Tax year 2023
Assessed value
$730,200
Assessed 2023
Previous assessed
$532,400
+37.2% YoY
Effective rate
0.63%
On assessed value
Assessed land
$202,500
Assessed improvement
$527,700
Land market value
$202,500
Improvement market value
$527,700
Total market value
$730,200
Applied tax rate
511.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Status
For Lease
Year built
1971
Construction
WOOD
Heating
YES
Cooling
NONE
Stories
2
Total area
3,822 SF
Lot
0.14 ac (6,098 SF)
Zoning code
DC
APN
576200901200
UPID
US90-1086626
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
DC · Marysville, WA
Zoning DC · permitted uses
DC · Marysville, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Marysville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$1.2M
WAREHOUSE, STORAGE
Est. value
$1.1M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1971
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Lot
0.14 ac
Current owner
From public records · entity-resolved
Pacific Coast Properties LLC
Entity
Mailing address
1206 4TH ST, MARYSVILLE, WA 98270-4917
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 5, 2021
$770,000
Pacific Coast Properties LLC
Singh Sandhu Sukhchain
Warranty Deed
$484,134 · Savibank
Nov 3, 2020
—
Singh Sandhu Sukhchain
Rupinder K Sandhu
Intrafamily Transfer
related
$486,500 · Coastal Community Bank
Jun 27, 2016
$520,000
Harjeet S Sandhu
Hendricks,john R
Warranty Deed
$480,000 · John R Hendricks
Apr 13, 1994
$105,000
Roy S Whitcutt
Patterson,caroly
Grant Deed
$94,500 · University Savings Bank
Jun 1, 1989
$122,500
John R Et Al Hendricks
Unknown
Grant Deed
$102,900 · Seller
—
—
John R Hendricks
—
Deed Of Trust
related
$127,986 · Frontier Bank
—
—
John R Hendricks
—
Deed Of Trust
related
$8,363 · Frontier Bank
—
—
John R Hendricks
—
Deed Of Trust
related
$110,000 · Evertrust Bank
—
—
Henry G Runkel
—
Deed Of Trust
related
$64,000 · Westar Financial INC
—
—
John R Hendricks
—
Deed Of Trust
related
$35,000 · Frontier Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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